Quantitative evaluation of future climate change impacts on hydrological drought characteristics is one of important measures for implementing sustainable water resources management and effective disaster mitigation in drought-prone regions under the changing environment. In this study, a modeling system for projecting the potential future climate change impacts on hydrological droughts in the Weihe River basin WRB in North China is presented. This system consists of a large-scale hydrological model driven by climate outputs from three climate models CMs for future streamflow projections, a probabilistic model for univariate drought assessment, and a copula-based bivariate model for joint drought frequency analysis under historical and future climates. With the observed historical climate data as the inputs, the Variable Infiltration Capacity hydrological model projects an overall runoff reduction in the WRB under the Intergovernmental Panel on Climate Change A1B scenario. The univariate drought assessment found that although fewer hydrological drought events would occur under A1B scenario, drought duration and severity tend to increase remarkably. Moreover, the bivariate drought assessment reveals that future droughts in the same return period as the baseline droughts would become more serious. With these trends in the future, the hydrological drought situation in the WRB would be further deteriorated.